Cornerstone Wealth Group LLC Purchases 101 Shares of iShares U.S. Technology ETF $IYW

Cornerstone Wealth Group LLC boosted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,606 shares of the exchange traded fund’s stock after buying an additional 101 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares U.S. Technology ETF were worth $798,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. Trust Co. of Vermont bought a new position in iShares U.S. Technology ETF during the first quarter valued at approximately $30,000. Park Square Financial Group LLC boosted its stake in iShares U.S. Technology ETF by 588.2% during the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 200 shares during the last quarter. Accredited Wealth Management LLC bought a new position in iShares U.S. Technology ETF during the first quarter valued at approximately $33,000. SJS Investment Consulting Inc. bought a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $41,000. Finally, Tidemark LLC boosted its stake in iShares U.S. Technology ETF by 56.0% during the first quarter. Tidemark LLC now owns 301 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 108 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Trading Down 1.3%

Shares of iShares U.S. Technology ETF stock opened at $194.73 on Wednesday. The firm has a market cap of $20.66 billion, a PE ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $201.50. The stock has a 50 day moving average of $188.52 and a 200 day moving average of $168.71.

About iShares U.S. Technology ETF

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).